Tokemak

Halal Rating :
Questionable
Last Price $0.77 Last updated:
Rank 1064
1D Change -3.29 %
Market Cap $12.51m
Circulating supply 16,314,929
Maximum supply 100,000,000

Crypto Overview

Categories
  • DeFi 2.0
  • Protocol-Owned Liquidity
  • Spartan Group

Tokemak is a decentralized liquidity providing/market making protocol designed to create efficient, sustainable liquidity across DeFi. Tokemak's native token, TOKE, serves as tokenized liquidity, enabling stakers to direct the protocol's TVL as liquidity across DeFi markets, beginning with SushiSwap, Uniswap, Balancer, and 0x.

Crypto Impact

To assign a comfort level investing in Tokemak from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Tokemak.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.

Justification for our Halal Rating